HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Investor or spectulator?

Investor or spectulator?

posted on Dec 23, 2007 07:31AM

I have been watching NOT for while now and I will admit there is a great deal of information available on Agoracom specific to NOT with most of it being good data and other data labelled suspect. I will also admit that from a technical point of view I do not fully understand the physics underlying this opportunity, but continue to read all the facts relative to attempting to determine what the real opportunity is. What I do know is that I try not to violiate my first rule of investing which is to not get emotionally involved with a stock; any attempt to open a position for me should be from an objective point of view with a target exit strategy. Petty basis stuff right?

Well, just let me say there is something I like about NOT and I have to admit that I have just broken my first rule because I am not fully sure what my objective reasons were or what my exit strategy is. On Friday I opened a position in NOT at $3.80 in spite of NOT being in a down trend since Oct. In spite of the stock being below its 30 and 50 DMA with the 30dma crossing below the 50. Inspite of most all other technical indicators being in negative territory. Only time will tell, but IF my gut is correct (make no mistake about it one should never invest with ones gut) the risk rewards could be very profitable. Ofcourse I could be wrong as nothing comes with a 100% guarantee and believe me I have learned this the hard way. Either way I am not sure on this one whether I am an investor or a spectulator.... and well.... perhaps in this case I am both.

I wish you all a happy, healthy and prosperous holiday season.

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